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the sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the econo
, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all the details. good evening, pete. >> well, the combination of evidence here the government says they have, larry, the main thing here is from a surveillance video from the scene of a second bombing, they say they can see dzhokhar tsarnaev come into view. they see him work his way into the crowd, take his backpack off, lower it to the ground. they say still photographs show it down on the ground at his feet and they say one of the most telling moments is when the bomb at the first site goes off. everyone around him looks, vi
the federal aviation administration saying that these should be put off. they say the law allows the faa and the administration to cut somewhere else in the 16 billion-dollar annual budget of the faa. they say the way the faa were cuts makes the delays even worse. >> under the applicable laws. the faa has the authority or the discretion to find the money elsewhere. not to lay off the workers. and, therefore, to protect the traveling and shipping public, the faa should not furlough the air traffic controllers. now congressional republicans charge the way the administration has structured this is simply for political reasons. the administration says that's absolutely not the case. they say the way is law isten o other choices than to furlough these air traffic controller if they have to reach the savings that the law requires, shep. >> >> shepard: we are expecting it to say four different flight delays faa is saying. airlines anywhere between 6700. about a quarter of the flight traffic in this country daily. in a statement the faa says they will be working with the airlines and using traff
of the discussion and the impact of the sequester? planning to fly sometime soony why the faa says today is the first day travelers will really feel the effects. >>> we'll get to the latest on the boston investigation in a moment. >>> first developing news overnight in washington state. at least five people were killed by gunfire at an apartment building in a suburb south of seattle. among the dead a suspect who was shot by police officers on the scene. another two bodies found in the parking lot and two more bodies were found inside the building. we'll bring you the updates on this latest gun tragedy as we get them. >>> bells will ring at 2:50 to mark one week since the deadly marathon bombings struck and according to investigators the lone surviving suspect, dzhokhar tsarnaev, is responding to questioning. under heavy guard in the hospital he is undergoing brief rounds of interrogation apparently responding by writing his answers. the 19-year-old was shot through the neck in what some have speculated may have been a suicide attempt. despite largely republican calls to have him held as
took off more than two hours late, a result of those furloughs. the faa says fewer air traffic controllers on duty means fewer flights able to take off and land at major airports. >> anything that delays services can be productive. but i don't know the whole picture. >> reporter: the airport could experience trickle-down delays but says the lines likely won't be affected. >> i don't know if it will affect the lines but if there's another airport that has congestion issues or staffing issues, we may experience delays to and from that location. >> reporter: some airport towers across the country have already been overwhelmed with flights. the faa says yesterday during the first day, these furloughs took effect, there were 400 delays across the country. also today, i did check in with oakland airport, a spokesperson said they have no faa employees being furloughed. so he doesn't expect issues. and at san jose mineta, a spokesperson said they've seen a handful delays because of these budget cuts. live this morning at sfo, alex savidge, ktvu channel 2 news. >> thank you. >>> homicid
to roll out the way the faa has said that it will, people are not going to be able to rebook in all cases. their summer vacation plans are going to be blown. that's a horrible position to put the traveling public in. >> the faa says it's 15,000 air traffic controller have to take off one day every two weeks without pay. this result of the automatic spending cuts congress passed in 2011. the airline industry says the faa's plan maximizes flight delays. >> we believe that the faa has the discretion not to furlough the air traffic controllers. they keep the planes in the air, get them to the ground and keep travelers moving, keep shipping moving and that's critical to our economy. >> congressional republicans charge the administration is structuring these cuts to worsen their impact. in a statement, congressman bill shuster the chairman of the house committee on transportation and freezing rain structure says quote the administration views the sequester as an attempt to score political points rather than address real issues and find real savings in a bloated federal bureaucracy. he points to
on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax. san francisco international airport report nod delays due to air traffic con
news is here here with a look on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax. san francisco international airport re
budget cuts. some 50,000 faa employees including 15,000 air-traffic controllers are being forced to take an unpaid day off every other week to save money. michelle miller reports that could lead to delays. >> reporter: for passengers at new york's laguardia airport travel is already a four letter word. was very concerned bcause they said the delay could be up to four hours. >> reporter: thanks to mandatory budget cuts approved by congress the faa has 637 million dollars less to spend. that's forcing some air-traffic controllers to stay home without pay. two days a month. mark rosenker is a former ntsb chairman and aviation safety analyst for cbs news. >> it could slow anywhere from 30 to 90 minutes and in some cases, even three, four hours. if it gets too crowded in the skies, unfortunately it will result in cancellations. american airlines tells cbs news that until the faa provides secretary of details of the furlough, it's hard to inform passengers of the effects. but they do say they expect the biggest delays at lax, chicago's o'hare, and right here at laguardia. union and the airline
delays or cancellations. kpix 5's ken bastida is live with mobile5 at sfo to explain the faa furloughs triggered by budget cuts. >> reporter: yeah, juliette. this thing has been threatened for the past several weeks now. the faa over the weekend going ahead and instituting the sequestration cutbacks. essentially, this means about a 10% reduction for all the faa controllers around the country. so we checked with the airport duty manager at sfo,. he says no significant cancellations or delays in the bay area but they had problems at los angeles international airport yesterday. of course, that was the first day that the sequestration cutbacks went in and they were experiencing two-hour delays. so what does this mean? we talked to mario ianello who flies lot between l.a. and san francisco. is otr inconvenience for travelers. >> are you worried about any of this sequestration might cancel or delay one of your flights? >> not really. well, i'm more concerned about with the way the airline industry has been now -- i think they -- they have, uhm, made their flights either so full and cut bac
. faa furloughs, they just kicked in. some delays now appearing late yesterday in and is around new york. this st for the first time with travelers waiting more than an hour. delays were seen at other airports in the u.s. the faa furloughs affect 47,000 employees, including nearly 13,000 air traffic controllers. experts say the first real test is today when traffic increases and you remember, you saw all these stories, even last week saying the sequester doesn't matter. >> because a lot of the stuff hasn't kicked in. now, if things don't matter this week, then you can say they really don't matter. >> so this is the test one way or the other. we're going to talk to mike boyd about all this and more. >> in economic news, a business economist says washington's budget tightening is having a minimal effect on business. 93% of those surveyed say political developments had no effect if the first quarter and 95% say they had no impact on capital spending plans. among the biggest concerns, global economic conditions and the potential for further government spending cuts and the regulatory environ
. that is because there are fewer air traffic controllers on the job. the faa called for two furlough days for every two-week period to cut more than $600 million from the budget. airlines filed a lawsuit on friday asking a federal court to stop the furlough of air traffic controllers. they say that these cuts in hours will result in travel delays of up to an hour. a travel industry analyst says what's happening is political gamesmanship. >> the faa was shut down a few years ago, flights weren't affected. it seems to me like there is a request or directive out there to take steps so that passengers will be inconvenienced and that they will call their elected officials to get them to take action. >> reporter: here's a live picture of mineta san jose international airport. i only found one 30-minute delay this morning and a couple of 10-minute delays in oakland and sfo is on time. even if sfo avoids furloughs, travelers here could still feel the pinch because of the domino effect from delays at connecting airports. at sfo, elissa harrington, kpix 5. >> airlines say up to 6700 flights per day could be
and for the american people. >> yesterday's faa's furlough produced the predicted flight delays, and senator mcconnell said as a result of the administration's poor planning and political motives were stuck op the tarmac. what's the reaction to that? >> i find it interesting the republican is decrying the sequester in the past that he support. it's a result. we made it clear that there looks like there would be negative effects if congress failed to take reasonable action to avert the sequester, policy that everyone who was involved in writing it knew at the time and was never designed to be implemented, but designed to be bad policy and to be avoided. the fact is that congress had an opportunity, but republicans made a choice, and this is a result of a choice they made to embrace the sequester as -- and i'm quoting republicans, a victory for the tea party and a home run. i don't know that they agree with it because they changed positions on sequester a variety of times in the last several months. it should have never been policy. president put forward a comprehensive balanced approach to defic
already seeing big delays as the first air traffic furloughs kick in today. a closer look at what the faa cuts could mean for you and your plans. >>> plus, the midwest getting hit with yet another spring snowstorm. major flooding and up to 6:00 inches of snow in some places. we'll show you where it is now and where it is headed. jenna: what drove the suspected bombers remains unclear in the boston terror attacks. investigators are reportedly already trying to question the surviving suspect although there seems to be some varying reports on that. some experts are now turning to their past for clues. their family traces their origins to a small area in southern russia known as chechnya. it is predominantly muslim country, or area. it has been in turmoil for years. with islamist terror groups launching a series of attacks against russian targets in a fight for independence in muslim states. 2002, a chechen group stormed a theater in moscow. there were 700 people in the side at the time. more than 100 people died during a rescue attempt by russian security forces. 2004, in the largest hostage
'll get the analyst behind that call ahead. >> also the sequester effect on travel. >> faa employee furloughs and our major airport delays and all in the future and former department of transportation inspector mary shafo live. another monday morning, david, in which you've propelled a major dow component, microsoft up over 4% on the news that an activist shareholder is buying a $2 billion stake. so i think by my calculations you've created on that report about $2.5 billion of value so far this monday morning. >> simon, it's the value being created by the news itself, not the fact that i've reported it and we've been able to tell people that value act, large activist fund that often does take large positions in companies and actually doesn't get active if things go their way have taken a $2 billion position. on a relative bases it's 1% or less than 1% overall is what it would amount to of the outstanding shares of microsoft. that being said, valueact does have a history of holding stakes for quite some period of time, monitoring those companies and their managements and then getting
in usual in washington, dc. for the faa the numbers don't add up. their work load has been decreasing and yet they didn't make the necessary changes to prepare for the sequestration. which they've known since last fall was coming. that's why it's just politics as usual in d.c. >> neil: so these cuts that the white house was referring to that took effect formally yesterday, aren't real? >> the cuts are real all right but the problem for the federal aviation administration is their real work load has been falling or forever a decade, and when they were told they had to do the sequestration last fall, logically you would have prepared and put your work force in place at atlanta and new york, and not at branson, missouri, which averages less than one flight per hour. they didn't do that. they were counting -- i was in washington, dc for almost 15 years. you expect things to work out, expect to never have to cut. but the cuts are here but they don't get it. for next year's budget they asked for 100 more people, and three extra billion dollars for security, even though everyone else is cutt
jobs that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on "federal budget cuts." the agency says it was forced to furlough air traffic controllers one day every other week. it saves the agency $640 million. the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and early numbers show delays at baltimore, washington, and laguardia spiking four-fold today over last monday. but part of that could be weather-related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. so here's the confusing thing. the flights to washington, d.c. all seem to be delayed from miami. but the flight tracker here on the faa website has no delays. >> so 10% fewer air traffic controllers still have the same number of planes in the air at the same time. about 5,000 of them. transportation secretary ray lahood called it a calamity. >> safety will never be compromised. safety is not involved in the decision that we made about who to furlough and when to do it. >> reporter:
, if the why all of the delays, if the faa's budget is getting bigger without sequestration. >> thank you oroville and u wilbur, the media, neil and wilbur, the media, neil and buzz. for teaching us that you can't create the future by colleging to the past.stof loo with that, you are history. instead of looking behind. delta is looking beyond. 80,000 of us investing billions. neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no business person would make the choice to cut things that effect their customers the most. why does government make that decision unless there is some motivation to get the consequences to be as dramatic and difficult as possible. nei
real business. >>> all right. first up, as airport delays mount to the faa is blaming the spending cuts sequester, forcing thousands of air traffic controllers to take unpaid leave. but republicans blame the obama administration for selectively choosing which cuts would make us all feel the most pain. take a listen to kansas senator jerry moran earlier today. >> it seems as if politics is playing a significant role in the determining what actions the faa are taking, and every indication that i have from conversations with my colleagues is it emanates from the white house. >> all right. here to talk about what i call the phony crisis and the obama democrats' attempt to raise $1.2 trillion in taxes is texas republican congressman, vice chair of the joint economic committee, my friend brady. and democratic strategist steve mcmann and townhall.com's guy benson here with me. mr. kevin brady, welcome. i know you blasted the irs for their fur lows. but i want to just put up -- i don't know if you can see this, probably not. i'm going to read the numbers. we're going to show you that the faa ha
air traffic controllers on the job this morning. the faa called for two furlough days for every two-week period to cut more than $600 million from the budget. airlines filed a lawsuit on friday to stop the furlough of air traffic controllers saying the cuts will result in delays up to an hour at major airports and hubs throughout the country. travel industry analysts say what's happening is political gamesmanship. >> the faa was shut down a few years ago. flights weren't affected. it seems to me like there is a request or directive out there to take steps so passengers will be inconvenienced and they will call their elected officials to get them to take action. >> reporter: now let's see what's happeninat airports around the this is live picture of mineta san jose international airport. i found three delays there this morning. the longest, 30 minutes. only a couple of 10-minute delays in oakland. and a few delays here at sfo, as well. now, even if sfo avoids furloughs, passengers could still feel the pinch because of the domino effect from delays at connecting airports. and speaking
. >> heartbreaking to look at it. >> the faa is starting its furlough program, forced days off. >> delays at some of the nation's busiest airport. >> the government needs to get their act together. >> tsa, putting a temporary hold on the controversial policy change that would have allowed small >> a proposal to make it illegal to buy tobacco unless you are 21. >> and at the location where he dropped -- >> innocent men, women, and children. you get paid for it. >> which is your strongest -- >> honestly i don't know. >> is there someone we could call. >> freedom rock woodstock, and his songs were an an them for a generation. richie havens has died. >> i was never in show business. i was in the communications business. >>> a rookie news anchor clemente, thought his knife was off. >> by the way, a.j. was fired today. >> and, man, that sounds like an idiot. >> this morning's eye opener presented by prudential. >> wel "cbs this morning." good morning, norah. >> good morning, charlie. welcome back. >> good to be back. >>> the hospital treating the marathon bombing suspect was turned i
to hear about that. faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it just common sense. from td ameritrade. david: it was down week but up day at least toward the end of the day. s&p futures are closing. head to scott bauer at the pits of the the cme. what does it look like for monday, scott? >> now that volatility settled in, i think we'll have more volatility coming into the market next week. really monday and tuesday, we get existing home sales and new home sales. i think those will be two key economic reports among all of
. now i'll ask about the faa furloughs, which started yesterday. a group of almost the entire airline industry, including air traffic controller unions, flight attendants, pilot unions, and the industry itself, have written denis mcdonough and the white house a letter saying that the faa should be granted flexibility so they don't have to furlough the air traffic controllers. what do you say to this broad coalition? they say that other agencies have been given such flexibility and they believe the faa should have the same flexibility. >> let me give you some facts. the department of transportation is required by law to cut about $1 billion between now and the end of september; $637 million of that comes from the faa. the faa has initiated a series of cost-saving measures for personnel and non-personnel related, including a hiring freeze, restrictions on travel, termination of certain temporary employees, and reductions to contracts, among other savings. but furloughs cannot be avoided. seventy percent of the faa's operations budget is personnel. the faa must furlough 47,000 employees
in the light air waiting for faa approval. how long? and we will see how the currency holds up against the dollar across the board gains against the greenback. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> your fox news minutes and president of bombing and the first lady attending the memorial service for this week's bomb attack. former massachusetts governor and presidential nominee mitt romney is among those attending. the president is expected to give remarks following the service. the search for survivors continues after the massive fertilizer plant explosion in west, a texas. between 15 people and dead when m
the very latest ahead. adam: plus fibers -- flyers get ready for long delays. the faa says they are coming through. is it a warning or threat thanks to sequestration? we're live from one of the country's biggest airports next. first time to see how oil is trading friday night, buy. you are gonna need a wingman. and my cash back keeps the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. adam: get ready for some massive delays at the nation's airports. the faa is warning that 7,000 flights a day could be delayed due to furloughs of air traffic controllers as a result of sequestration. our jeff flock is at chicago's o'hare international airport with the headaches. >> i know we've heard about this before, adam but this time they're serious. really this could be bad. let's give you a lowdown on the furloughs. by the way, lots of delays out here today. but that is weather, not furloughs yet. here is what will happen. the furloughs will start on sunday. th
. a couple thoughts on this. one is faa knew this was coming for two years, had a long time plan, bat and you're seeing is controllers are being laid off at the same rate for the big facilities, as they are for the smaller ones. you think faa would say, let's see where most of the people or traveling and keep those fully staffed and be a little more surgical on the smaller airports. >> shepard: sounds like a lot of this is politics. >> does seem rather odd but i don't see the controllers behind it but the administration wants to make sure everybody feels the pain here. >> does that seem understandable to you? >> not real ly. it doesn't. this is one of our great assets in this country, the ability to move across the country, and yet the government is getting in the way of this to prove a political point. we have seen the faa budget for controllers rise 50%, and traffic is down 27%. so we're throwing more money to handle less of a problem, yet now is the time we chose to start making the american people feel the pain? it just doesn't make sense. >> shepard: the american people are already feeli
travelers at some of the nation's busiest airports. yesterday alone the faa said there were more than 400 flight delays nationwide. 47,000 faa workers must take furlough days, including 15,000 air traffic controllers, losing one day of work every other week. that's a 10% reduction in staffing. >> when 70% of your budget of your operating budget is personnel, you cannot avoid when the cuts are as deep as they are in the sequester, the kinds of actions that are taken. >> today the transportation department says it's considering a request from the airline industry to temporarily suspend the delay rule in light of these furloughs. that rule prohibits airlines from keeping passengers on the tarmac for more than three hours. here in the bay area, an average of three air traffic controllers are scheduled to be furloughed in san francisco, oakland and san jose. officials say so far they haven't seen significant delays due to the furloughs here. however, the faa tells us los angeles international experienced delays of more than three hours for some arriving flights last night and that ended up cau
turbulence here in washington tonight. >> as the faa began furloughing air traffic controllers and the flight delays began. the finger pointing quickly followed. >> as a result of administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. >> congress had an opportunity but republicans made a choice. and this is a result of a choice they made to embrace the sequester as, and i'm quoting republicans, as a victory for the tea party and a home run. >> if the blame was partisan, the pain was not. long lines and missed connections raised bipartisan concerns with republican and democratic senators asking the transportation secretary and head of the faa how much funding do you need to avoid furloughing air traffic controllers and to keep the contract air traffic control towers open and what could you cut from other accounts to avoid or reduced air traffic controller furloughs and contract closures and there were bipartisan proposed solutions. >> what i believe is there ought to be postponement of these furloughs to give all of us
healthcare. >>> cancellations are piling up at the airports. there are 124 delays across the country. the faa and airlines say the delays are the result of budget cuts and furloughs forced by the federal sequester. yesterday more than 1,200 flights were delayed. about 10% of the faa's air traffic controller's work force were required to take an unpaid day off. joining me now, the president and chief executive of airlines for america. thank you for your time. >> thank you for having me. >> i've seen a couple of reports disputing whether these delays we saw yesterday were normal. some allegedly weather-related. as i understand it, you believe. >> not all of them are because of the sequester. we're keeping as close track as we can based on the information from the faa. which are sequester-related and which are not. the point is these delays are increasing today as we speak and we think will continue based upon the fax's forecast to snow ball as time goes on. >> can you give me a percentage, at least today, for example? i said there are about 1,200 flights delayed. do we know what percentage you believe were canc
that faa staff have had to be furloughed, then you may well be looking for someone to blame. and luckily enough, republicans are at the ready and know exactly who's responsible. >> as a result of the administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> let's see. our goal here shouldn't to be to score political points. since when did mitch mcconnell outgrow his need to scoring political points? and isn't this what republicans have been doing for the last five years? but today, this very broadcast, has become the victim of the ludicrous sequester. because we've been in discussions with representative january schakowsky of illinois, who this week is promoting a bill that would put 50,000 public servants, such as police officers and firefighters, back to work. it is the exact opposite of the sequester and seemed like a
that city took a major step toward healing. >>> here at home faa furloughs of air traffic controllers began today but the real test is tomorrow. the first business day of the week. delays could run for hours at major hubs such as atlanta and new york. because of sequester cuts all air traffic controllers may take one day off every two weeks. that means most towers will lose one controller every day maybe more. here in the bay area today, sfo and manetta san jose experienced no delays. sources at sfo said four employees there were furloughed today. ktvu's deborah villalon was live as they rolled out furloughs there. >> reporter: this tower went dark over an hour ago. it's closed overnight. it will reopen at 6:00 a.m. for another busy day of small planes, business jets and commercial flights and fewer controllers to manage the mix. >>> a rise in airlines prepared for take off to los angeles. one of nine flights keeping this santa rosa terminal busy today under the watchful eye of the tower. down by at least one controller, maybe two. the one who answered said he was too busy to talk about it.
on the faa . the worst delays on east coast, including new york's laguardia, one out of 5 tier oeveryfive flights before noon s delayed. congressional republicans say, bull. they charge obama administration is structuring cuts to make them as painful and obvious as possible. >> federal reserve chairman ben bernanke will not be at jac jacn hole sim this year. my next guest said that we're seeing a slowdown in the economy after a stock first quarter, joining us, wells fargo chief economist, john sylvia, you see a slowdown here? >> there is a slowdown that is what bothered market, stock market a little bit, we a single family housing stocks, retail sales disappointing. building into the commodity market, chinese economic growth is disappointing. people at the inning of year think this economy will take off, and earnings will be strong, then as year goes down they tamper down those expectations. >> you know there is one stock that stands a metaphor, caterpillar, we see them with disappointining results off 42 their earnings, because they are off in the mining sector, but they tell us about go
of flight delays, as the faa scrambles to make due with fewer air traffic controllers. some of the nation's busiest airports fell behind because federal budget cuts have resulted in furloughs across the faa. delays are ranging from 15 minutes to several hours. >>> the record rainfall and flooding that's inundating much of the midwest is far from over. in peoria, the illinois river is cresting today, expected to hit nearly 30 feet. the problem is flood stage is only 18 feet. mississippi and other river towns are seeing similar swamping. near st. louis, more than 100 barges broke free, some smashing into bridges. at least ten of them sank. >>> and there's evidence that we are not exaggerating about the water levels. here it is. take a look at a fish swimming by someone's office window. that's in grand rapids. the river there crested at nearly 22 feet. >> my goodness. >> yikes. >>> today's forecast for the flood zone won't be a welcome one. plan on plenty of rain stretching from south texas all the way to the great lakes. and in the northern-most spots it will be snowing again today. as much
now 4:51. ready for take-off? the faa nears a decision on the dreamliner. >> why airport delays could get worse starting this weekend. we'll tell you why. >> and a holy batman! the amazing video of a man soaring through danger at more than 150 miles an hour. Ñáçwçñ,,,,,,, >>> when the giants come to town, it's bye-bye baby. the grace broadcaster russ hodges will be okdown on a time temperature 7:15 p.m. clear, cool, 59. play ball! >> the game could cause some delays along the embarcadero and king street later tonight. just a heads up. but in the meantime, here's a live look at some of your bridges. golden gate, bay bridge and san mateo bridge all so far atthe morning. we'll have more traffic and weather together coming up every 10 minutes. >>> 4:55. the faa could move as soon as today to end its three-month grounding of the boeing 787 the dreamliner jets. flights involving the new passenger planes were halted you may recall back in january after two incidents involving lithium ion batteries that smoldered and emitted fumes. boeing has made changes to the battery and its casing
air traffic controllers must take one day off a week. the faa said planes will have to take off and land more frequently. that would translate to potential longer lines at the airport. joining me is the spokesperson for sfo. can you give me an idea of how many travelers will be out on every given day or? >> what i can tell you, it's about a 10% of reduction. if i'm an air traffic controller, one of my days out of ten is reduced as the furlough. >> reporter: do you have any idea if this will impact the lines? >> i think where we might see some effect is more from the faa perspective. i don't know if it will affect the lines at the airport. but in terms of flight delays, if there's another airport that has congestion issues or staffing issues, even if we're fined locally, we may experience delays to and from the location. it's very much a nationwide issue. >> reporter: it's a juggling act for you. i think one of the things we can expect, there is a procedure we use and that requires an extra controller. not an issue today but if we have bad weather conditions, we might not be able
for more flight delays triggered by the sequester. some of the busiest airports fell behind schedule. faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the crunch forced it to furlough its air traffic controllers one day every other week. it saves the agency nearly $640 million, but the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and the early numbers show delays at baltimore washington anew york's laguardia, spiking fourfold over last monday. part of that could be weather related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. here's the confusing thing. the fligh
regulators around the world sign off on resuming flights. the faa says it will issue its final directive on the dream liner later this week. >>> gas prices could be cheaper on memorial day then they were at easter this year. drivers will pay $4.06 a gallon in san francisco. that is down three cents a gallon if you haven't noticed in the last week. analysts say the price could go down another 20 cents before the end of next month. that is because crude oil supplies is up. >>> time now 6:21. doctors they are warning teenagers not to do something that is becoming real popular among kids. what some teenagers are now doing and why doctors say it's very dangerous. >>> we have new information about the deadly avalanche in colorado over the weekend. we will tell you the reason the snow boarding group was exploring that back country. you kids should count yourselves lucky. we didn't have u-verse back in my day. you couldn't just... guys... there you are. you know you couldn't just pause a show in one room, then... where was i... you couldn't pause a show in one room then start playing it in anoth
: the faa releasing a statement saying it will quote, be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delays and impacts of lower staffing as we move into the busy summer season. do you find that reassuring? i'm not sure i do. good morning stuart. stuart varney from the fox business network. stuart couldn't we move money over from consultants and grants to help folks out in the control tower? >> let me spell out what we're talking about. $500 million this year for consultants. $474 million in wrapts grants to make communities more liveable and sustainable. obvious, question, martha, take some money out of the consultants bucket and put it into air traffic controlsers bucket to avoid delays. president says can't do that. i don't have the flexibility to target nonessentials. can't do it. so the republicans introduced a bill that would specifically give the president that flexibility, to avoid this pain. he threatened to veto it. that's where we stand this morning. more cuts are coming. more delays are coming. the president does not wan
to the viewers out west. on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers, forcing them to tay home one day every other week will bring the system to a grinding halt. >> it will be like having hurricane sandy in the north and hurricane katrina in the south at the same time. >> reporter: so they're suing the faa to postpone the furloughs but the faa says it's the only way to slash $637 million from its budget, cuts required by congress. the busiest airports are expected to take the hardest hits. maximum delays at atlanta's hartsfield-jackson could reach 3 1/2 hours. chicago's o'hare, more than two. and at new york's laguardia, nearl
prize money to go back to college. >>> an order from the faa, the problem that has prompted inspections of some of the busiest aircraft models in the air. >> our chief meteorologist bill martin tracking a change of the weather. he's back with the complete bay area forecast. >> up first developing news, the ktvu camera has just arrived at the scene of this house fire. what we learned from firefighters about a woman pulled from inside. we are all reflections of the people who came before us. at new york life, everything we do is to help you keep good going. ♪ [ engine revs ] [ female announcer ] small... [ engine revs ] wicked... ♪ and now... ♪ topless. ♪ the fiat 500 abarth cabrio. ♪ >>> we have developing news from san jose at this hour an elderly woman has died in a three alarm house fire tonight and another person is missing. these are live pictures here from the home on south daniel way located near highway 17 and interstate 280. authorities say firefighters pulled the woman out of the house but unfortunately were not able to save her. another person may still be inside. t
and all faa workers are losing one workday every other week. >>> all right, spring flooding turned much of the midwest into a muddy mess. record rainfall to blame for high water. for example, nearly 10 inches has fall in this month in grand rapids, michigan. swollen rivers can't take much more. forecasters say more rain is expected tomorrow. >> here's a look at your weather -- expect thunderstorms around southern kansas, oklahoma. by the evening commute, you could see snow around minneapolis and parts of the upper midwest. >> unseasonably cool along the east coast, new england to georgia with temperatures staying in the 50s. but check out the west. dry and warm. hitting the 90s in some spots. >>> to a shining example of someone who really l job. >> a powerful earthquake rocked china over the weekend brought everything to a stand still including a wedding in progress. the bride you just saw there happens to be an anchorwoman. she got right to work. still wearing her wedding gown and her veil. check her out. >> that is hilarious. she abandoned her big day and started reporting on the quak
, and the other far right wingers wouldn't budge. and now the cuts are hurting air travelers. the faa has been forced to slash hours for 47,000 employees. including 15,000 air traffic controllers. and we're seeing airport delays all across the country. surely boehner and cantor are -- would be flying high. after all, they got those spending cuts they wanted to badly, didn't they? not quite. instead, they're still on the attack against the president. pushing the twitter hashtag obama flight delays. there it is tweeted by speaker boehner. majority leader cantor is on board, too. he's tweeting, why is president obama unnecessarily delays your flight? faa could have cut other spending. boarding call for mr. boehner and mr. cantor. you can't support something, then turn around and blame it on the president. any other ideas? >> it's time to cut spending here in washington. >> good one, mr. speaker. it's time to delay the takeoff of this hypocrisy. nice try, republicans. but we got you. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but y
. that is good news for anyone flying out at any point today. you talked about these sequestered cuts, the faa says a big lead the air traffic controllers. furlough days are being issued. we actually did see some delays because of those air traffic control furloughs. places like laguardia in new york and l.a. acts. lax at delays at somewhere between one hour and three hours. it did not really have a lot of affect here as at all but anytime you have delays around the country, it has an accordion of fact. that is what they're afraid of. they're thinking today maybe a day will restart the see some delays are around the country. you can see here in the board at sfo, everything was on time. we did not have a delays but that cannot easily change as a day goes on. we're telling people if you're coming to the airport and flying any time in the near future, make sure you call ahead and check the status of your flight. make sure your weather could be delays. a spokesperson is coming out and we are trying to get the interview with him. if we have any issues, we'll pass them along as they come in. >> with
with the lithium ion batteries. now the head of the airline says it expects faa approval to put dream liners back in service. united airlines have put 787 back on the flight schedule for june. no dream liners can fly until the faa approves the system. >> time now 7:54. within the next month a bicycle beromiter will be installed on market street. all to encourage more people to ride their bikes. installed on the south side of market street between 9th and 10th street. it's going to be 7.5 feet tall. it will be able to show you the number of bicycles that go by. >> i can't ride to work unfortunately. >> a little early. >> 2:30 in the morning. but i do ride my bike when i can. a little beach cruiser . >> i know you do. this morning we have a bunch of slow traffic. i want to mention 5:80 is still a mess. you are wondering why. we had an earlier truck accident. news chopper 2 did take these pictures. it has since been towed away. the two left lanes were the only three open. the traffic is a huge mess coming out of the pass for miles and miles heading west. you can see some of these pictures. unfortuna
travel day it's monday. 47,000 faa employees will get furloughed as a result of budget cuts. they will lose one day of work every other week. the pilot's union due to the faa will staffect so many people. >> out of those 15,000 were air traffic controllers. perhaps it's a better idea to perhaps maybe drive somewhere because gas prices are going down. >> this is the time of year when they are supposed to go up. let's enjoy it while it lasts. gas prices could fall almost $0.20 by memorial day. it would go down to $3.30 a gallon. inventories are high we have a lot of supply. and the economy is slowing down. consumption is the lowest since 1997. this morning gas prices averaging 3.52 a gallon. last year at this time 3.86. that's a nice little savings. >> some say could go below $3 a gallon? >> rocky mountain region could see 32 -- $2.98. >> road trip. >> finally. it is 11 minutes after the top of the hour. a runner survives the marathon bombing only to return home to texas to witness the fertilizer plant explosion and he's sharing his story. we will have that coming up. >>> they
because the faa is being forced to furlough thousands of air traffic controllers. abc's matt gutman has more from miami. good morning, matt. >> reporter: good morning, josh. the delays are already piling up. new york area airports reporting delays of over an hour. l.a.x. over three hours overnight. this is just the start. the faa now warning that as many as 6,700 flights could be delayed every day.the sequestrac across-the-board budgets cuts across-the-board budgets cuts are forcing furloughs. fewer planes in the air translates into delays. about 5,000 planes in the air at a given time and fewer eyes in the tower, the faa is slowing air traffic for safety. planes could both be prevented from landing and taking off. those inevitable delays could cost travelers more than just their time. >> airlines may have to cut flights. that will drive up ticket prices. demand will be high. >> reporter: the only antidote? said senator chuck schumer. >> we need democrats and republicans to meet in the middle and end the sequestration that causes the problems. >> reporter: analysts said there's not much
as the national transportation safety board takes a closer look at one fire in particular just days after the faa approved boeing's plan to get its fleet back in the air. dan springer is live in seattle. dan? >> reporter: yeah, jon. the faa approved the battery fix even as the company answers tough questions about the fire back in january that led to the dreamliner fleet getting grounded. the plane's lithium ion battery sured a short which led to the failure of all eight cells. boeing's new plan includes a redesigned battery that has more insulation between the cells to prevent what's called thermal runaway. the battery charger has been redesigned to reduce the total amount of energy in the battery so it doesn't work as hard, and it's going to be in a better steel containment box that won't allow oxygen to fuel a fire. the ntsb put boeing on the defensive this morning about its assumptions that turned out to be wrong. >> what we can't do is we can't account for every single possible method of short circuit, particularly what we would consider the unknown unknowns. >> reporter: boeing says it has
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